- Crow Holdings plans a second phase for the Old Parkland East office campus.
- The new phase will add 250,000 SF in three office buildings on a 2.5-acre site.
- Expansion follows strong leasing demand, nearing full occupancy of the previous phase.
- The campus attracts investment-focused tenants including NYSE Texas and family offices.
Expansion Driven by Demand
According to The Dallas Morning News, Crow Holdings will expand Old Parkland’s office campus in Dallas with a second eastern phase. Strong leasing demand has nearly filled the existing space, pushing developers to add 250,000 SF of offices across three buildings. City filings should arrive soon, and construction could begin as early as this fall.
Details of the New Addition
The new office buildings will rise on a 2.5-acre block bordered by Fairmount Street, Shelby Avenue, Reagan Street, and Maple Avenue. The expansion will also offer four levels of underground parking and a central signature building. This buildout comes as many office developers push forward despite tighter capital markets and rising costs, signaling continued confidence in high-end assets. Wales-based Craig Hamilton Architects and The Beck Group will return as designers and contractor, respectively, maintaining continuity with the previous phase.
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Maintaining Prestige and Character
The second phase of Old Parkland will match the original campus design. The site features Jeffersonian-style architecture and a historic setting around the 1913 Parkland Hospital. However, Crow Holdings has not revealed specific design details. The developer plans to introduce new elements and a distinct identity. These updates will reflect the character of North Texas.
Investor-Focused Environment
Old Parkland primarily caters to principal-based investment firms, private equity, endowments, and hedge funds. The property garnered further attention with the New York Stock Exchange Texas occupying the top of its Resolute Tower. The expansion affirms demand for differentiated, amenity-rich office space in Dallas’ Uptown area, where high-end environments are in sharp demand.
